A blow to the financial jihad. From AP, with thanks to Sr. Soph:
NEW YORK – A U.S. judge upheld three lawsuits Friday accusing the Jordan-based Arab Bank of promoting Palestinian suicide attacks by funneling Saudi money to bombers’ families.
U.S. District Judge Nina Gershon denied six of eight counts in Arab Bank’s March motion to dismiss the litigation, allowing bombing survivors and victims’ families to move forward with their lawsuits seeking hundreds of millions of dollars in damages.
The lawsuits claim that Arab Bank aided terrorism by acting as the administrator of an “insurance plan” by the Saudi Committee in Support of the Intifada Al Quds, which paid $5,300 to the families of Palestinian bombers killed in attacks by Hamas, Islamic Jihad and Al-Aqsa Martyrs’ Brigades.